Brief: Fourlis Announces Approval Of Establishment Of Trade Estates REIC

Fourlis Holdings SA

12/07/2021 14:54

July 12 (Reuters) - Fourlis SA  FRLr.AT :
    * SAYS MINISTRY OF DEVELOPMENT APPROVED ESTABLISHMENT OF
TRADE
ESTATES REIC
    * SAYS PORTFOLIO OF TRADE ESTATES INCLUDES ALL EXISTING
PRIVATELY
OWNED GROUP PROPERTIES, SUPPLY CHAIN CENTERS AND RETAIL
INVESTMENT PROPERTY
    * SAYS INITIAL SHARE CAPITAL OF TRADE ESTATES IS EUR 173.5
MILLION
    * SAYS PURPOSE OF TRADE ESTATES IS TO OPERATE PURELY IN
RETAIL
REAL ESTATE OF LARGE (BIG BOXES) AND E-COMMERCE INFRASTRUCTURE

Source text:  ID:nNDLcc6mbv 
Further company coverage:  FRLr.AT 

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